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The Pound & BREXIT

COMMENT: Mr. Armstrong; I voted for remain. Contrary to the post of a very biased Brit, there is a “rift” and the person who arrogantly wrote to you clearly lives in another world. I have changed my mind and would vote to leave. What you simply wrote that Merkel made the decision on refugees by […]

BREXIT – One of Four Anti-Establishment Elections

  Many comments and emails are pouring in that our model correctly forecast BREXIT years in advance. Here is the picture for the next big chaos period — the US Presidential Election in November.  You can see that 3 out of 4 models show a Republican victory. Two of these show 60%+, which is unheard […]

Spanish Elections Today – BREXIT Part II?

  The anti-austerity party Podemos is now expected to make large gains in Spain’s parliamentary election today. If this unfolds, it will potentially demonstrate that Brussels is heading for a crisis. The last election in December broke the back of the conservative or Socialist majorities who have been ruling for almost 43 years. The contagion is moving rapidly.

BREXIT is a Watershed for Europe

“There’s no way around it: today is a watershed for Europe and the European unity process,” Merkel admitted. Of course, people like Schulz are the entire problem. His arrogance ensures the demise of Europe. He had the audacity to say that there was “no chain reaction” after BREXIT. Once a politician makes a decision, they will […]

Now the Losers Want a Second Referendum to Overturn BREXIT

A petition has gained 1 million signatures to overturn BREXIT and hold a second referendum. Of course, they will do a far better job at rigging this one if it goes through. Such people deserve what they petition for and should surrender the pound and the Queen. They have zero idea of what is coming […]

The Impact of BREXIT on the EU

The true impact on Britain and Europe will start to become visible rather quickly. It is absurd to think that anything has to change in respect to trade between the EU and Britain. What this means is that Britain will not be subservient to Brussels and will be in the same position as the United States. However, our […]

US Share Market for the Closing of June 24, 2016 Post-BREXIT

The Dow has fallen in a knee-jerk reaction to BREXIT, which really is hype thanks to politicians. The gains for Britain are clear. It escapes the forced immigration and it escapes from EU draconian regulation. It is effectively the same as the American Revolution where the slogan was “no taxation without representation,” and the EU structure […]

Market Talk – Morning of June 24th, 2016 (Post-BREXIT)

As we witness the biggest fall in GBP in over 32 years, UK bank stocks are declining anything from 5% (HSBC) to 25% (Lloyds). Gold rallied and there was a flight to safety within the government bond markets. The UK population awoke this morning in the confidence that democracy has prevailed. In Boris Johnson’s comments […]

The British Pound & the Aftermath of BREXIT

  The pound sterling had a smashing day ranging between 15016 and 13226; penetrating the 2009 low of 13508 as well as the 2001 low of 13680. That leaves the prior low that formed in 1985 of 10520 on the cash (103 futures). This is rather important for it implies that we should see that […]

BREXIT Wins — The Panic has Subsided as Reality Returns

  Exactly on our cyclical model, the UK voted to leave the EU (52% to 48%) in a historic referendum after 43 years (half 8.6). David Cameron has announced he will resign as prime minister in October, and all one can say is good riddance. Cameron is stepping down despite the fact that 84 Eurosceptic Tory MPs […]